International Monetary Fund (IMF) Executive Board Concludes 2019 Article IV Consultation with the State of Eritrea

Eritrea has recently emerged from a long period of conflict and international sanctions, which together deprived the country of vital investment, trading opportunities and external support

On July 22, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation [1] with the State of Eritrea. Eritrea has recently emerged from a long period of conflict and international sanctions, which together deprived the country of vital investment, trading opportunities and external support, and left…

Eritrea: International Monetary Fund (IMF) Staff completes 2019 Article IV Mission

Eritrea is in a difficult economic situation following an extended period of international isolation and emergency measures to manage the economy

The peace agreement with Ethiopia and lifting of international sanctions provide a welcome opportunity for Eritrea to build an impetus for economic development; Eritrea is in a difficult economic situation following an extended period of international isolation and emergency measures to manage the economy; the IMF stands ready to support economic…

IMF Executive Board Holds Informal Board Briefing on Eritrea

On June 24, 2016, the Executive Board of the International Monetary fund (IMF) was briefed on economic developments in Eritrea, whose Article IV consultation is delayed by 64 months. Informal sessions to brief the Board based on information available are held approximately every 12 months for members whose Article IV consultations are delayed by…

IMF East AFRITAC's Steering Committee Applauds the Center's Crucial Support for Building Stronger Economic Institutions in Member Countries

The Steering Committee of the International Monetary Fund (IMF)’s Africa Regional Technical Assistance Center East (East AFRITAC) met in Addis Ababa, Ethiopia on April 3–5, 2016 to assess the Center’s operations since May 2015, the first year of its fourth five-year program cycle (Phase IV, 2015–2020). The Committee discussed strategic…